The actress Angelina Jolie has asked a judge in Los Angeles for authorisation to sell her shares in a Luxembourg investment vehicle that owns French wine industry assets.
Jolie and the actor Brad Pitt filed for divorce in 2016, when a California court issued a temporary injunction against selling any of their joint assets. The couple has been officially divorced since 2019, but have not reached a final separation and child custody agreement. Thus the temporary injunction has remained in place.
This week Jolie filed a motion requesting permission to dispose of her 50% stake in Nouvel LLC, E! News, PA and The Times reported. Pitt’s Mondo Bongo LLC owns the other 50%. The Luxembourg-domiciled firm controls the Château Miraval, a winery in France’s Provence region, and a B2B wine-selling business called SNC Miraval Provence.
In court filings, Jolie said she was unable after “lengthy negotiations” to negotiate a sale of her half of the company to Pitt, and has instead found a third party buyer.
A previous request to allow the transaction without a court hearing was rejected, with the judge ruling that the matter was not an emergency.
No hearing date for this week’s petition has been set.